Tag: Spec Home
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House Flipping – Business Dynamics
There is a lot of misinformation about flipping real estate on the internet and on television. I’m mostly shocked by the lack of detailed information related to the entire cost of the project and the adjusted sales price.
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Capitalizing a New Home Builder Business
Bankrolling any startup business is difficult enough. Capitalizing a new home builder operation is a leap forward in required funds.
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What is a ‘Spec’ House?
When a builder constructs a house without a contract, it is known as a spec house or a speculation home. There are several advantages to the builder to build a spec house including timing, financial gains and workforce retention.